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Great Lakes steel production plunges in fourth straight week of decline

  • Thursday, April 13, 2017
  • Source:ferro-alloys.com

  • Keywords:ferrosilicon ferroalloys steel mills
[Fellow][Ferro-Alloys.com] Great Lakes steel production dropped to 627,000 tons last week, down by 4.5 percent from 657,000 tons of output the previous week.

[Ferro-Alloys.com] Great Lakes steel production dropped to 627,000 tons last week, down by 4.5 percent from 657,000 tons of output the previous week.

It's the fourth straight week local steel production has fallen, according to the American Iron and Steel Institute. Most of the steel made in the Great Lakes region is produced in Lake and Porter counties in Northwest Indiana.

So far this year, U.S. steelmakers have produced 24.2 million tons of steel, about 3.8 percent more than they did during the same period in 2016. Steel mills have been running at a capacity of 74.3 percent so far this year, up from 71.6 percent through the same time last year.

Domestic steelmakers used about 73 percent of their steelmaking capacity in the week that ended April 8, down from 71.4 percent the previous week, according to the American Iron and Steel Institute.

**Article from Internet for reference only

 

  • [Editor:tianyawei]

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